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RADNOR, PA. – (NewMediaWire) – December 25, 2024 – The securities division of the law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) notifies investors that a lawsuit has been filed. MGP resources Inc. (NASDAQ: ) (NASDAQ: MGPI ) on behalf of those who purchased or acquired MGPI common stock between May 4, 2023 and October 30, 2024 (Class Period). The lead plaintiff deadline is February 14, 2025.
Contact and verify Kessler Topaz Melzer, LLP:
If you are experiencing MGPI loss, click here or copy and paste this link into your browser: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium=link&utm_campaign=mgpi&mktm=r
Also attorney Jonathan Nagy, Esq. Call (484) 270-1453 or email info@ktmc.com.
Accused of misconduct:
The complaint alleges that during the class period the defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the companies’ business, operations and prospects. Specifically, Defendants alleged that investors were: (1) underperforming and oversupplying their products; and (2) as a result, the defendants’ positive statements about the companies’ business, practices and prospects were materially misleading and/or unreasonable at all material times.
Lead Plaintiff Procedure:
MGPI Investors may, no later than February 14, 2025, seek to appoint a class lead plaintiff representative through Kessler Topaz Meltzer & Check, LLP or other counsel, or they may choose to do nothing and remain an absent class member. A lead plaintiff is the representative party who leads the litigation on behalf of all class members. The lead plaintiff is usually the investor or a small group of investors with the largest financial interest and who are also sufficient and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class, and these attorneys are either lead or class counsel if approved by the court. Your ability to participate in any recovery will not affect the decision to serve as lead plaintiff or not.
Kessler Topaz Meltzer & Check, LLP encourages MGPI investors who have experienced significant losses to contact the firm directly for additional information.
Click here to register for the case or go to: https://www.ktmc.com/new-cases/mgp-ingredients-inc?utm_source=PR&utm_medium=link&utm_campaign=mgpi&mktm=r
About KESSLER Topaz Meltzer & Czech, LLP:
Kessler Topaz Meltzer & Check, LLP litigates class actions in state and federal courts across the country and around the world. The company has developed an international reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate wrongdoing. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, defamation, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
Contact:
Kessler Topaz Meltzer & Check, LLP
Jonathan Nagy, Esq.
(484) 270-1453
280 King of Prussia road
Radnor, PA 19087
info@ktmc.com
It may be considered an attorney advertisement in certain jurisdictions. Past results do not guarantee future results.
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